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This is the cover image for the Measurement of Output, Inputs, and Total Factor Productivity in U.S. Agricultural Productivity Accounts report.

Measurement of Output, Inputs, and Total Factor Productivity in U.S. Agricultural Productivity Accounts

  • TB-1966

Overview

The U.S. Department of Agriculture (USDA) has been monitoring the U.S. farm sector’s productivity performance since the 1960s. Today, USDA, Economic Research Service (ERS) bases its U.S. agricultural productivity statistics on a sophisticated system of production accounts, drawing data from numerous sources. Between 1948 and 2021, total farm output grew by 1.46 percent annually. Over time, the input composition has changed, shifting from labor and land use to more use of intermediate inputs and durable capital assets. This report addresses how USDA, ERS measures output, inputs, and total factor productivity in its U.S. agricultural productivity accounts and how input quality changes are accounted for in the measurement.

How to Cite:

Wang, S. L., Nehring, R., Mosheim, R., & Njuki, E. (2024). Measurement of output, inputs, and total factor productivity in U.S. agricultural productivity accounts (Report No. TB-1966). https://doi.org/10.32747/2024.8755132.ers

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